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Colt Silver to List on the TSX Venture Exchange Under the Symbol "COLT" on October 19, 2026

Tue, 13 Oct 2026 20:59:00 -0400

Toronto, Ontario--(Newsfile Corp. - October 13, 2026) - Colt Silver Corp. (TSXV: COLT) ("Colt Silver" or the "Company") confirms that it has closed the previously announced plan of arrangement in connection with the spin out (the "Spin-Out Transaction") with Palamina Corp. ("Palamina") effective September 29, 2026 as per Palamina's news releases issued on September 25, 2026 and September 29, 2026.

Pursuant to the Spin-Out Transaction, Palamina distributed 23,308,708 common shares of Colt Silver (the "Colt Shares") to the shareholders of Palamina (the "Shareholders") and Palamina retained 4,577,766 Colt Shares. The Spin-Out Transaction was implemented under the terms of an arrangement

Colt Silver to List on the TSX Venture Exchange Under the Symbol "COLT" on October 19, 2026

Tue, 13 Oct 2026 20:59:00 -0400